How much does a bunker trader earn?
Bunker Trader Salaries
| Job Title | Salary |
|---|---|
| Bomin Bunker Holding Bunker Trader salaries – 1 salaries reported | $77,000/yr |
| Dan-Bunkering Bunker Trader salaries – 1 salaries reported | $84,000/yr |
| Bunker Holding Bunker Trader salaries – 1 salaries reported | US$3,000/mo |
What is Bunker supplier?
Bunkering is the actions taken to supply fuel to ship in port. In Singapore, bunker suppliers are required to be licensed by the Maritime and Port Authority of Singapore (MPA) before being able to supply bunkering services.
What is the role of bunker trader?
Bunker trader is the person dealing in the bunker fuel. Primary role of a bunker trader is to locate customers, negotiating , fixing and closing the deals. A bunker trader should be Working closely with agents at the various ports for the delivery of bunkers to the vessels.
What is meant by bunker oil?
Bunker oil is oil loaded into bunker tanks for use as fuel, as distinguished from oil carried as cargo. Bunker oils contain metals and contaminants that can cause corrosion in commercial ships, cruise ships and cargo. Bunker oil is also known as residual fuel oil (RFO).
How do I become a bunker trader?
EDUCATION AND EXPERIENCE REQUIREMENTS
- Undergraduate degree in a discipline complimentary with the demands of a global trading business;
- Two years of work experience within the Asia bunkering industry;
- Proven track record of profitably trading marine fuels;
How much do oil traders earn?
The average salary for a Oil Trader is £102,710 in London, UK. Salaries estimates are based on 8 salaries submitted anonymously to Glassdoor by Oil Trader employees in London, UK.
What is a bunker in shipping?
Bunkering is the supplying of fuel for use by ships, and includes the shipboard logistics of loading fuel and distributing it among available bunker tanks. Nowadays the term bunker is generally applied to the storage of petroleum products in tanks, and the practice and business of refueling ships.
What is bunker tanker?
marine. A small tanker fitted with fuel pumps and a crane for hose handling, used for loading fuel oils into ship tanks.
How do you become a bunker trader?
To be considered for this role you will need to meet the following criteria:
- 2+ years as a back to back Bunker Trader.
- Strong portfolio of ship owner/management companies in the USA.
- 6-month business plan to achieve profit.
- Speak and write fluent English.
Who uses bunker fuel?
Maritime vessels use bunker fuel to power their motors, but depending on your vessel, it might not be regular white diesel. Some watercraft indeed use diesel and other, larger vessels marine gas oil (which is considered a low sulfur fuel oil or LSFO) as their source of bunker fuel.
What is back to back bunker trading?
Back-to-back trading traditionally involves purchasing the marine fuel oil from physical suppliers, refineries, and oil majors to further sell the cargo to end users (operators, ship owners) or other traders.